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View Diary: Corporate Life In The Rearview Mirror: Mergers & Hackquisitions (57 comments)

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  •  It's incompetence by design, unfortunately (3+ / 0-)
    Recommended by:
    marsanges, llywrch, radarlady

    If managers are consumed with only one thought - their bonus - they will conduct themselves with single-minded focus, doing what's necessary to get the money. They won't do anything extra.

    At my former firm, they hired many of the middle managers from "outside". Thus, they had no love for/allegiance to our employees, and weren't bothered at having to lay them off.

    Those who do not understand history are condemned to repeat it... in summer school.

    by cassandracarolina on Wed May 15, 2013 at 01:10:31 PM PDT

    [ Parent ]

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